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RBS faces a long road to profitability as it seeks to solve its problems

Gun to RBS

In an era of ultra low interest rates, ever tightening regulation and steep legacy fines, times are tough for banks. But taxpayer-backed RBS, which has not made a full-year profit since 2007 and has seen shares slide 36 per cent in the year to date, is having a particularly rough ride. This is largely through problems of its own making.

Tesco Bank cyber-thieves stole £2.5m from 9,000 people


Tesco Bank has revealed that the “unprecedented” attack on its online accounts at the weekend resulted in the loss of £2.5m. The banking arm of the supermarket chain also revised down the number of accounts from which money was removed from 20,000 to 9,000 and announced that banking services had been restored for all its customers.



Marvin Emnes of Blackburn Rovers in action with Alan Hutton of Aston Villa

Alan Hutton deals blow to Gordon Strachan with Scotland retirement

Scotland have suffered their latest personnel blow with Alan Hutton having confirmed his retirement from international duty. The Aston Villa right-back, who won 50 caps, informed Gordon Strachan of his decision before the squad for Friday’s World Cup qualifier with England was announced in midweek.